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Why People Like to Live in Ojo, Lagos by Dennis Isong 

People are renting rooms, apartments, self-cons, and even shared spaces. If you’re an investor reading this, take note. The rental demand in Ojo, especially near LASU and major roads, is not child’s play.

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Ojo. That name rings a certain kind of Lagos bell — the kind that echoes both old-time charm and present-day promise.

Located on the western flank of Lagos State, Ojo has quietly but consistently won the hearts of many Lagosians looking for a place to call home.

In fact, when people say they’re relocating to the Lagos mainland but don’t want to “suffer,” Ojo is often their silent dream.

But what exactly makes this place tick? Why is it that people from different walks of life — from the everyday hustler to the savvy investor — are drawn to Ojo, like suya, to charcoal? It’s not just about the affordability, even though that’s a major sugar in the garri. It’s something deeper. Something a little emotional.

Ojo may not always be the loudest name on the Lagos real estate radar, but those who know… know. And trust me, many know.

Let’s start with the vibe. Ojo has a rhythm of life that somehow balances the Lagos bustle with a bit of hometown calm.

You see people moving, markets booming, buses shouting destinations in that dramatic conductor voice — yet you don’t feel overwhelmed. There’s room to breathe. Room to plan. Room to build.

That alone is gold in a city like Lagos where everything feels like a race. And speaking of building, the Ojo Lagos real estate scene has been buzzing, slowly but steadily.

The land here still gives you that hope — the hope that you can buy now, build small, and grow big without selling your grandfather’s inheritance. While some parts of Lagos make you feel like you need to be Dangote’s nephew to afford anything decent, Ojo gently whispers, “Relax, you can afford me.”

Ojo may not always be the loudest name on the Lagos real estate radar, but those who know… know. And trust me, many know.

Now, let’s not pretend that Ojo is some fantasy land where all your problems vanish. No, Lagos will be still Lagos. But Ojo gives you a softer landing.

It’s the kind of place where your Naira stretches just a little further. You buy a piece of land and still have money for block, cement, and maybe even a small naming ceremony afterward. That’s the subtle magic of Ojo Lagos real estate — it feels within reach.

Of course, we can’t talk about Ojo without mentioning its iconic market — Alaba International Market. It’s not just a market, it’s a city on its own. Electronics, appliances, gadgets, and goods of all kinds — if it plugs, charges, lights up or plays music, Alaba probably has it.

For many residents, living close to Alaba is not just convenient, it’s smart business. Imagine saving transport fare daily while your shop is booming.

That’s not just living, that’s strategic living. And then there’s the presence of Lagos State University — LASU.

The campus draws students, lecturers, and business people from across Nigeria. This means two things: First, it adds to the vibrant life of the community, and second, it feeds the rental economy like well-cooked jollof.

People are renting rooms, apartments, self-cons, and even shared spaces. If you’re an investor reading this, take note. The rental demand in Ojo, especially near LASU and major roads, is not child’s play.

Transport is another thing Ojo handles with surprising ease. From here, you can connect to FESTAC, Mile 2, Badagry, and even the Lagos-Badagry Expressway, which is slowly transforming into a world-class express corridor.

When that road fully hits its prime, let’s just say those who bought land in Ojo early will be smiling like politicians during campaign season. Ojo is also home to a rich mix of people.

There’s the core Lagos crowd, the business-savvy Igbo families, the student population, and a sprinkle of other tribes just doing their thing. It’s a cultural pot that simmers nicely, and somehow, people coexist. If you’re the kind of person who enjoys knowing your neighbor and greeting “Good morning, sir” with a smile, Ojo will feel at home.

Security?

It’s Lagos — we’re always watching our back. But Ojo holds its own. There are community vigilantes, police presence, and a population that looks out for itself. It’s not paradise, but it’s not chaos either.

With more estates springing up and more people investing in fencing, lighting, and organized structures, the environment is gradually evolving into a neater, safer version of itself.Let’s talk environment.

Ojo has water views. Not the fancy Lekki kind, but real water — the kind that reminds you of riverside childhoods, of fresh fish, and simple joys. Places like Iba and Iyana School have a mix of urban and rural beauty that makes for interesting real estate development.

You can literally build a bungalow beside a stream and still get Uber rides to your gate. Where else does that happen?

Then there’s something else — something less tangible but deeply felt. A spirit of growth. Ojo gives people the feeling that life can move forward. That a house isn’t just a roof over your head, but a sign that you’re progressing.

People don’t just live here; they thrive. They build. They plan weddings. They raise children. They retire in homes they built brick by brick.

The Ojo Lagos real estate market is not screaming headlines every day, but the smart ones are paying attention.

Plots of land are getting picked up quietly. Developers are carving out estates. New roads are being graded.

And one day soon, Ojo might just surprise everyone and become the new goldmine people wished they had entered early.

So yes, people like to live in Ojo. And it’s not just because of affordability, accessibility, or community.

It’s also because Ojo allows dreams to grow without choking them. In a city like Lagos where many live in survival mode, Ojo offers the rare chance to actually plan a life.

And if you ask me — or any of the sharp agents that roam that axis with their rolled-up trousers and unbeatable gist — they’ll tell you: If you miss Ojo now, you might be buying back in a few years at twice the price, with half the peace of mind.

Ojo is not just a place. It’s an opportunity. And in Lagos, opportunities like this don’t wait forever.

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Business

CPPE Tasks Govt to Fix Cost of Living Crisis Amid GDP Growth

Reacting on Nigeria’s third quarter 2025 Gross Domestic Product (GDP) growth of 3.98 percent , CPPE said that it’s laudable, but called for policy interventions to fix the cost of living crisis.

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The Center for the Promotion of Private Enterprises (CPPE) tasks the government to ensure that GDP Growth and macroeconomic stability translate into real improvements in citizens’ welfare.

Reacting on Nigeria’s third quarter 2025 Gross Domestic Product (GDP) growth of 3.98 percent , CPPE said that it’s laudable, but called for policy interventions to fix the cost of living crisis.

Dr Muda Yusuf, CEO of the CPPE, notes that despite the improvment in the GDP, the cost-of-living crisis remains a concern .

He said: ” While disinflation is underway and prices of some food items and manufactured products are easing, the social outcomes of economic reforms continue to weigh on households.

” It is therefore imperative for policymaking to prioritise targeted interventions to address the uneasiness around the cost of living and ensure that GDP Growth and macroeconomic stability translate into real improvements in citizens’ welfare—particularly for vulnerable groups.”

To consolidate the gains recorded in Q3 and unlock stronger, more inclusive growth, Dr Yusuf, said that the following policy interventions are critical:

Reduce Structural Bottlenecks

Address energy supply constraints, reduce logistics costs, improve port efficiency, and accelerate transport infrastructure development.

Mitigate the Cost-of-Living Crisis

Implement targeted social interventions and remove structural impediments that elevate consumer prices.

All tiers of government [local, state and federal] must sustain targeted interventions in agriculture, pharmaceuticals, transportation and energy to fix the cost of living crisis.  

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Dangote Targets Nigeria Festive Season Monthly Supply of 1.5 billion litres of PMS

This represents 50 million litres per day. We are formally notifying the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of this commitment.

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Dangote Petroleum Refinery says that it has concluded arrangements to supply over 50 million litres of petrol per day into the Nigerian market this festive season (December to January).

The company said that the decision was taken to ensure that there is no shortage of the product during the festive season.

This translates to 1.5 billion litres of Premium Motor Spirit (PMS) for the month of December.

The same amount of product will also be supplied in January 2026, it was added.

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, announced the plans.

Dangote said: “In line with our commitment to national well-being, and consistent with our track record of ensuring a holiday season free of fuel scarcity, the Dangote Petroleum Refinery will supply 1.5 billion litres of PMS to the Nigerian market this month.

This represents 50 million litres per day. We are formally notifying the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of this commitment.

We will supply another 1.5 billion litres in January and increase to 1.75 billion litres in February, which translates to over 60 million litres per day.”

Speaking during a visit by the South-South Development Commission (SSDC) to the refinery and the Dangote Fertiliser complex, he stated that the facility currently has adequate stock and is producing between 40 and 45 million litres of PMS daily.

He added that the daily supply of 50 million litres should dispel long-standing claims that domestic refineries lack the capacity to meet national demand.

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Dangote Partners Honeywell International to Boost Refinery Capacity to 1.4 million barrels per day

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Dangote Refinery, Africa’s largest single-train petroleum refinery, has signed a landmark contract with U.S. industrial giant Honeywell International to execute a significant capacity upgrade that will boost the facility’s crude processing capability from the current 650,000 barrels per day to an ambitious 1.4 million barrels per day.

The multi-billion-dollar project, described by sources close to the deal as one of the largest refinery expansion initiatives globally in recent years, will involve the installation of advanced process units, automation systems, and energy-efficiency technologies supplied and integrated by Honeywell UOP and Honeywell Process Solutions.

Aliko Dangote, President and CEO of Dangote Industries Limited, confirmed the partnership, stating: “This strategic collaboration with Honeywell will position the Dangote Refinery as one of the top five largest refineries in the world by capacity.

The upgrade will not only enhance our ability to meet Nigeria’s complete refined products demand but also establish the refinery as a major export hub for gasoline, diesel, jet fuel, and petrochemicals across Africa and beyond.

”The expansion is expected to be implemented in phases, with key units including additional crude distillation, hydrocracking, and catalytic reforming modules.

Honeywell’s proprietary technologies are anticipated to improve yield of high-value products while reducing energy consumption and emissions.Upon completion, the 1.4 million bpd Dangote Refinery will surpass the current global top-tier facilities such as Reliance Industries’ Jamnagar Refinery (1.24 million bpd) and Paraguay’s planned 1.2 million bpd project, cementing its status as the world’s largest single-train refinery.

The project is expected to create thousands of direct and indirect jobs during the construction and commissioning phases and further reduce Nigeria’s dependence on imported refined petroleum products.

A spokesperson for Honeywell confirmed the award, saying the company was “honored to partner with Dangote on this transformative project that will reshape the African downstream landscape.

”Detailed timelines and the exact value of the contract were not disclosed, but industry analysts estimate the expansion could exceed $5–7 billion in total investment.

The statement said: Dangote Group is pleased to announce that it has entered into a strategic partnership with Honeywell International Inc to support the next phase of expansion of the Dangote Petroleum Refinery.

This collaboration will provide advanced technology and services that will enable the refinery to increase its processing capacity to 1.4 million barrels per day by 2028, marking a major milestone in our long-term vision to build the world’s largest petroleum refining complex.

Through this agreement, Honeywell will supply specialised catalysts, equipment, and process technologies that will allow the refinery to process a broader slate of crude grades efficiently and to further enhance product quality and operational reliability.

Honeywell, a global Fortune 100 industrial and technology company, offers a wide portfolio of solutions across aviation, automotive, industrial automation, and advanced materials.

Honeywell’s division UOP has been a technology partner to Dangote since 2017, providing proprietary refining systems, catalyst regeneration equipment, high performance column trays, and heat exchanger technologies that support our best-in-class operations.

Dangote Group is also advancing its petrochemical footprint. As part of the wider collaboration, we are scaling our polypropylene capacity to 2.4 million metric tons annually using Honeywell’s Oleflex technology.

Polypropylene is a key industrial material widely used across packaging, manufacturing, and automotive applications.In addition to refining expansion, Dangote Group is progressing with the next phase of its fertiliser growth plan in Nigeria. We will increase our urea production capacity from 3 million metric tons to 9 million metric tons annually.

The existing plant consists of two trains of 1.5 million metric tons each. The expansion will add four additional trains to meet growing demand for high-quality fertiliser across Africa and global markets.

Dangote Group remains fully committed to delivering world-class industrial capacity, strengthening Nigeria’s energy security, and driving sustainable economic growth through long-term investment, innovation, and strategic global partnerships.

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